Luna Innovations (LUNA) Revenue & Revenue Breakdown
Luna Innovations Revenue Highlights
Latest Revenue (Y)
$109.50M
Latest Revenue (Q)
$30.70M
Main Segment (Y)
Products And Services, Optical Test And Measurement Systems
Main Geography (Y)
UNITED STATES
Luna Innovations Revenue by Period
Luna Innovations Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2022-12-31 | $109.50M | 25.12% |
| 2021-12-31 | $87.51M | 5.84% |
| 2020-12-31 | $82.68M | 17.25% |
| 2019-12-31 | $70.52M | 64.31% |
| 2018-12-31 | $42.92M | -7.18% |
| 2017-12-31 | $46.24M | -21.91% |
| 2016-12-31 | $59.21M | 34.51% |
| 2015-12-31 | $44.02M | 107.06% |
| 2014-12-31 | $21.26M | -3.57% |
| 2013-12-31 | $22.05M | -31.85% |
| 2012-12-31 | $32.35M | -9.17% |
| 2011-12-31 | $35.61M | 3.11% |
| 2010-12-31 | $34.54M | -0.10% |
| 2009-12-31 | $34.57M | -6.30% |
| 2008-12-31 | $36.90M | 9.55% |
| 2007-12-31 | $33.68M | 43.05% |
| 2006-12-31 | $23.55M | 43.10% |
| 2005-12-31 | $16.45M | -27.15% |
| 2004-12-31 | $22.59M | 28.39% |
| 2003-12-31 | $17.59M | 11.86% |
| 2002-12-31 | $15.73M | 103.59% |
| 2001-12-31 | $7.72M | - |
Luna Innovations generated $109.50M in revenue during NA 2022, up 25.12% compared to the previous quarter, and up 236.82% compared to the same period a year ago.
Luna Innovations Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2023-09-30 | $30.70M | 5.28% |
| 2023-06-30 | $29.16M | 16.45% |
| 2023-03-31 | $25.05M | -21.00% |
| 2022-12-31 | $31.70M | 8.74% |
| 2022-09-30 | $29.15M | 11.43% |
| 2022-06-30 | $26.16M | 16.37% |
| 2022-03-31 | $22.48M | -7.19% |
| 2021-12-31 | $24.22M | 19.15% |
| 2021-09-30 | $20.33M | -27.23% |
| 2021-06-30 | $27.94M | 6.23% |
| 2021-03-31 | $26.30M | 1.48% |
| 2020-12-31 | $25.91M | 23.11% |
| 2020-09-30 | $21.05M | 13.32% |
| 2020-06-30 | $18.58M | 8.37% |
| 2020-03-31 | $17.14M | -12.01% |
| 2019-12-31 | $19.48M | 5.75% |
| 2019-09-30 | $18.42M | 3.41% |
| 2019-06-30 | $17.81M | 20.09% |
| 2019-03-31 | $14.83M | 9.56% |
| 2018-12-31 | $13.54M | 26.68% |
| 2018-09-30 | $10.69M | -22.40% |
| 2018-06-30 | $13.77M | 12.95% |
| 2018-03-31 | $12.19M | -7.73% |
| 2017-12-31 | $13.22M | 13.51% |
| 2017-09-30 | $11.64M | -14.25% |
| 2017-06-30 | $13.58M | 3.49% |
| 2017-03-31 | $13.12M | -17.80% |
| 2016-12-31 | $15.96M | 9.16% |
| 2016-09-30 | $14.62M | -0.19% |
| 2016-06-30 | $14.65M | 4.72% |
| 2016-03-31 | $13.99M | -9.47% |
| 2015-12-31 | $15.45M | 17.00% |
| 2015-09-30 | $13.21M | 31.71% |
| 2015-06-30 | $10.03M | 87.78% |
| 2015-03-31 | $5.34M | -13.74% |
| 2014-12-31 | $6.19M | 15.25% |
| 2014-09-30 | $5.37M | 2.72% |
| 2014-06-30 | $5.23M | 16.91% |
| 2014-03-31 | $4.47M | -23.67% |
| 2013-12-31 | $5.86M | 2.45% |
| 2013-09-30 | $5.72M | -4.27% |
| 2013-06-30 | $5.97M | 32.83% |
| 2013-03-31 | $4.50M | -42.09% |
| 2012-12-31 | $7.76M | -3.31% |
| 2012-09-30 | $8.03M | -1.83% |
| 2012-06-30 | $8.18M | -2.31% |
| 2012-03-31 | $8.37M | 2.76% |
| 2011-12-31 | $8.15M | -7.85% |
| 2011-09-30 | $8.84M | -8.11% |
| 2011-06-30 | $9.62M | 6.95% |
| 2011-03-31 | $9.00M | -0.77% |
| 2010-12-31 | $9.07M | 5.63% |
| 2010-09-30 | $8.59M | -4.60% |
| 2010-06-30 | $9.00M | 14.11% |
| 2010-03-31 | $7.89M | -7.68% |
| 2009-12-31 | $8.54M | -3.76% |
| 2009-09-30 | $8.87M | 2.46% |
| 2009-06-30 | $8.66M | 1.98% |
| 2009-03-31 | $8.49M | 14.83% |
| 2008-12-31 | $7.40M | -30.90% |
| 2008-09-30 | $10.70M | 8.35% |
| 2008-06-30 | $9.88M | 10.74% |
| 2008-03-31 | $8.92M | -10.23% |
| 2007-12-31 | $9.94M | - |
Luna Innovations generated $30.70M in revenue during Q3 2023, up 5.28% compared to the previous quarter, and up 117.36% compared to the same period a year ago.
Luna Innovations Revenue Breakdown
Luna Innovations Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 22 | Dec 21 | Dec 20 | Dec 19 | Dec 18 |
|---|---|---|---|---|---|
| Products And Services, Optical Test And Measurement Systems | $99.42M | $78.53M | - | - | - |
| Products And Services, Other | $2.47M | $1.85M | - | - | - |
| Products And Services, Technology Development | $7.61M | $7.14M | - | - | - |
| Luna Labs | - | - | $19.00M | - | - |
| Lightwave | - | - | $35.90M | - | - |
| Technology Development Segment | - | - | - | $31.30M | $26.00M |
| Product And Licensing Segment | - | - | - | $16.10M | $5.80M |
Luna Innovations's latest annual revenue breakdown by segment (product or service), as of Dec 22: Products And Services, Optical Test And Measurement Systems (90.80%), Products And Services, Technology Development (6.95%), and Products And Services, Other (2.26%).
Quarterly Revenue by Product
| Product/Service | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Products And Services, Other | $283.00K | $232.00K | $800.00K | $282.00K | $601.00K | $788.00K | $442.00K | $615.00K | - | - | - | - | - | - | - | - | - | - | - | - |
| Products And Services, Test, Measurement And Sensing Systems | $27.53M | $23.04M | $26.81M | $24.02M | $20.10M | $18.25M | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Products And Services, Technology Development | $1.35M | $1.78M | $2.41M | $2.06M | $1.54M | $1.60M | $1.51M | $1.46M | - | - | - | - | - | - | - | - | - | - | - | - |
| Lightwave | - | - | - | - | - | - | - | - | $36.90M | $36.10M | $21.60M | $21.30M | - | - | - | - | - | - | - | - |
| Luna Labs | - | - | - | - | - | - | - | - | $25.60M | $19.40M | $24.40M | $21.00M | - | - | - | - | - | - | - | - |
| Technology Development | - | - | - | - | - | - | - | - | - | - | $6.64M | $6.82M | $6.45M | $6.49M | $6.44M | - | - | - | - | - |
| Products And Licensing | - | - | - | - | - | - | - | - | - | - | $19.28M | $10.33M | $13.03M | $11.93M | $11.37M | - | - | - | - | - |
| Product And Licensing Segment | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $15.00M | - | $1.80M |
| Technology Development Segment | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $25.90M | $5.55M | $28.80M |
Luna Innovations's latest quarterly revenue breakdown by segment (product or service), as of Jun 23: Products And Services, Test, Measurement And Sensing Systems (94.39%), Products And Services, Technology Development (4.64%), and Products And Services, Other (0.97%).
Luna Innovations Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 22 | Dec 21 |
|---|---|---|
| Asia | $22.33M | $17.18M |
| UNITED STATES | $48.26M | $45.33M |
| Canada, Central, And South America | $8.52M | $8.07M |
| Europe | $29.34M | $16.93M |
| Other Countries | $1.06M | - |
Luna Innovations's latest annual revenue breakdown by geography, as of Dec 22: UNITED STATES (44.07%), Europe (26.80%), Asia (20.39%), Canada, Central, And South America (7.78%), and Other Countries (0.97%).
Quarterly Revenue by Country
| Country | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Mar 18 |
|---|---|---|---|---|---|---|---|---|---|
| UNITED STATES | $13.13M | $12.91M | $14.89M | $12.60M | $10.25M | $10.52M | $11.66M | $11.55M | $4.64M |
| Europe | $6.99M | $6.31M | $8.57M | $8.30M | $7.56M | $4.91M | $4.81M | $3.63M | - |
| Other Countries | $1.28M | $387.00K | $500.00K | $347.00K | $211.00K | - | - | - | - |
| Canada, Central, And South America | $2.37M | $1.45M | $1.67M | $661.00K | $3.96M | $2.23M | $1.22M | $1.76M | - |
| Asia | $5.39M | $3.99M | $6.06M | $7.25M | $4.19M | $4.83M | $6.53M | $3.39M | - |
Luna Innovations's latest quarterly revenue breakdown by geography, as of Jun 23: UNITED STATES (45.04%), Europe (23.95%), Asia (18.50%), Canada, Central, And South America (8.14%), and Other Countries (4.38%).
Luna Innovations Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| FTV | Fortive | $6.07B | $1.55B |
| ITRI | Itron | $2.17B | $609.07M |
| ESE | ESCO | $956.03M | $260.78M |
| NOVT | Novanta | $881.66M | $235.86M |
| BMI | Badger Meter | $703.59M | $216.66M |
| VPG | Vishay Precision Group | $355.05M | $77.36M |
| LUNA | Luna Innovations | $109.50M | $30.70M |
| GNSS | Genasys | $46.66M | $7.17M |
| SOTK | Sono-Tek | $19.70M | $5.03M |
| CPTN | Cepton | $13.06M | $1.95M |
| FCUV | Focus Universal | $1.05M | $219.16K |
| MLAB | Mesa Laboratories | - | $58.17M |
| KNW | Know Labs | - | - |
LUNA Revenue FAQ
What is Luna Innovations’s yearly revenue?
Luna Innovations's yearly revenue for 2022 was $109.5M, representing an increase of 25.12% compared to 2021. The company's yearly revenue for 2021 was $87.51M, representing an increase of 5.84% compared to 2020. LUNA's yearly revenue for 2020 was $82.68M, representing an increase of 17.25% compared to 2019.
What is Luna Innovations’s quarterly revenue?
Luna Innovations's quarterly revenue for Q3 2023 was $30.7M, a 5.28% increase from the previous quarter (Q2 2023), and a 5.32% increase year-over-year (Q3 2022). The company's quarterly revenue for Q2 2023 was $29.16M, a 16.45% increase from the previous quarter (Q1 2023), and a 11.47% increase year-over-year (Q2 2022). LUNA's quarterly revenue for Q1 2023 was $25.04M, a -21.00% decrease from the previous quarter (Q4 2022), and a 11.41% increase year-over-year (Q1 2022).
What is Luna Innovations’s revenue growth rate?
Luna Innovations's revenue growth rate for the last 3 years (2020-2022) was 32.43%, and for the last 5 years (2018-2022) was 155.14%.
What are Luna Innovations’s revenue streams?
Luna Innovations's revenue streams in c 22 are Products And Services, Optical Test And Measurement Systems, Products And Services, Other, and Products And Services, Technology Development. Products And Services, Optical Test And Measurement Systems generated $99.42M in revenue, accounting 90.80% of the company's total revenue, up 26.60% year-over-year. Products And Services, Other generated $2.47M in revenue, accounting 2.26% of the company's total revenue, up 33.59% year-over-year. Products And Services, Technology Development generated $7.61M in revenue, accounting 6.95% of the company's total revenue, up 6.61% year-over-year.
What is Luna Innovations’s main source of revenue?
For the fiscal year ending Dec 22, the largest source of revenue of Luna Innovations was Products And Services, Optical Test And Measurement Systems. This segment made a revenue of $99.42M, representing 90.80% of the company's total revenue.